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815 6th St SE Lot • Terrain commercial • 0,25 Acres • 2 691 507 $ CAD • Minneapolis, MN 55414



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Faits saillants de l'investissement
- Positioned within a highly active investment submarket with ongoing new construction and redevelopment activity
- Located in the Marcy-Holmes / University of Minnesota district with strong, consistent rental demand
- Walkable, transit-oriented location in a dense student and residential corridor
- Proximity to the University of Minnesota campus, St. Anthony Main, and downtown Minneapolis
Résumé de l'annonce
New construction investment opportunity. Nearly identical to the sale of the buildings across the street at 814 6th St SE except these are 4BR,2BA units. Six total units, two buildings with 3 units each, all new construction with 4BRs, 2BA and Laundry in each unit, total 24 BRs, 12 BAs. Highly marketable modern interior finishes Strong rental appeal in the Marcy-Holmes / University district. 811 & 815 6th Street SE: Common Lot Development. Both 811 and 815 6th Street SE exist on a single parcel under one PID and were developed as a Common Lot Development in the Marcy-Holmes neighborhood. Together, 811 & 815 6th Street SE form a unified six-unit multifamily asset on a single PID, built and renovated to modern 2020s standards. Between the two structures, nearly every system structural, mechanical, electrical, plumbing, exterior envelope, and interior finishes is new, code-compliant, and designed for long-term durability and ease of maintenance. The site now includes: One fully renovated, expanded triplex (811) and One slab-on-grade new construction triplex (815). A total of six modern, code-compliant residential units were created on the shared lot. Both properties were built to current building, mechanical, electrical, plumbing, zoning, and life-safety standards, including separate utility services, fire systems, and modern energy-efficient components. 811 6th Street SE – Full Gut Renovation & Triplex Conversion: 811 began as an older duplex and was transformed into a three-level triplex through a complete gut renovation and addition. Other than the foundation and the first- and second-floor exterior walls, the structure is essentially new construction. Full interior demolition and rebuild. Added a third story to convert the duplex into a triplex. Constructed a three-story treated-wood rear deck. * 815 6th Street SE – New Construction Slab-on-Grade Triplex (In final phase of completion). 815 was built as a brand-new slab-on-grade triplex, designed to complement 811 while offering fully modern construction and finishes. While layouts differ, the systems and interior standards match 811 to maintain continuity across the parcel. *Structural & Exterior:Ground-up slab-on-grade new construction. LP SmartSide exterior siding. New exterior paint. Pre-finished soffit & fascia. Architectural asphalt shingle roof. Batt + poly insulation package. Single-hung Vector windows, matching 811. Interior staircase access to each unit. *Mechanical, Electrical & Plumbing: New water and new sewer service runs. Three separate electrical services/meters (one per unit). Three independent forced-air heating and cooling systems (Magic-Pak) Three 40-gallon electric water heaters. All electric appliances (ranges, dryers, etc.), consistent with 811. New plumbing system throughout.* Interior Construction & Finishes: LVP flooring throughout. Kitchens and bathrooms identical in finish level to 814, including: Legacy soft-close cabinetry. Quartz countertops. Tile backsplash. Stainless steel appliances. Tile shower surrounds. New trim, interior doors, and full interior paint/enamel. Stackable washer/dryer hookups in each unit. *Both buildings offer: Separate utilities, Updated life-safety systems, Uniform design language and material quality, Low-maintenance exterior finishes.
Bilan financier (Pro forma - 2026) |
Annuel (CAD) | Annuel par AC (CAD) |
|---|---|---|
| Revenu de location brut |
258 385 $
|
1 042 293,95 $
|
| Autres revenus |
-
|
-
|
| Perte due à l’inoccupation |
-
|
-
|
| Revenu brut effectif |
258 385 $
|
1 042 293,95 $
|
| Taxes |
19 324 $
|
77 949,33 $
|
| Dépenses d’exploitation |
27 605 $
|
111 356,19 $
|
| Total des dépenses |
46 929 $
|
189 305,53 $
|
| Revenu net d’exploitation |
211 456 $
|
852 988,43 $
|
Bilan financier (Pro forma - 2026)
| Revenu de location brut (CAD) | |
|---|---|
| Annuel | 258 385 $ |
| Annuel par AC | 1 042 293,95 $ |
| Autres revenus (CAD) | |
|---|---|
| Annuel | - |
| Annuel par AC | - |
| Perte due à l’inoccupation (CAD) | |
|---|---|
| Annuel | - |
| Annuel par AC | - |
| Revenu brut effectif (CAD) | |
|---|---|
| Annuel | 258 385 $ |
| Annuel par AC | 1 042 293,95 $ |
| Taxes (CAD) | |
|---|---|
| Annuel | 19 324 $ |
| Annuel par AC | 77 949,33 $ |
| Dépenses d’exploitation (CAD) | |
|---|---|
| Annuel | 27 605 $ |
| Annuel par AC | 111 356,19 $ |
| Total des dépenses (CAD) | |
|---|---|
| Annuel | 46 929 $ |
| Annuel par AC | 189 305,53 $ |
| Revenu net d’exploitation (CAD) | |
|---|---|
| Annuel | 211 456 $ |
| Annuel par AC | 852 988,43 $ |
Faits sur la propriété
| Prix | 2 691 507 $ CAD | Sous-type de propriété | Terrain commercial |
| Type de vente | Investissement | Utilisation proposée | Multi-résidentiel |
| Nombre de lots | 1 | Taille totale du lot | 0,25 AC |
| Type de propriété | Terrain | ||
| Zonage | Commercial - Multi-Family Residential | ||
| Prix | 2 691 507 $ CAD |
| Type de vente | Investissement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Terrain commercial |
| Utilisation proposée | Multi-résidentiel |
| Taille totale du lot | 0,25 AC |
| Zonage | Commercial - Multi-Family Residential |
1 Lot disponible
Lot
| Prix | 2 691 507 $ CAD | Taille du lot | 0,25 AC |
| Prix par AC | 10 855 739,76 $ CAD |
| Prix | 2 691 507 $ CAD |
| Prix par AC | 10 855 739,76 $ CAD |
| Taille du lot | 0,25 AC |
A ±0.25-acre (approximately 10,800–10,900 SF) urban infill lot located along 6th St SE in Minneapolis’ Marcy-Holmes/University district. The site features a rectangular configuration with approximately 66 feet of frontage
Description
New construction investment opportunity. Nearly identical to the sale of the buildings across the street at 814 6th St SE except these are 4BR,2BA units. Six total units, two buildings with 3 units each, all new construction with 4BRs, 2BA and Laundry in each unit, total 24 BRs, 12 BAs.
1 1
Très praticable à pied
80/100
Très facile d'accès en voiture
80/100
Transports en commun robustes
80/100
Moyennement praticable en vélo
70/100
Impôts fonciers
| Numéro de lot | 24-029-24-24-0094 | Évaluation totale | 661 584 $ CAD (2024) |
| Évaluation du terrain | 287 645 $ CAD (2024) | Impôts annuels | 19 324 $ CAD |
| Évaluation des bâtiments | 373 939 $ CAD (2024) | Année d’imposition | 2026 |
Impôts fonciers
Numéro de lot
24-029-24-24-0094
Évaluation du terrain
287 645 $ CAD (2024)
Évaluation des bâtiments
373 939 $ CAD (2024)
Évaluation totale
661 584 $ CAD (2024)
Impôts annuels
19 324 $ CAD
Année d’imposition
2026
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815 6th St SE
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